|
|
Article: US CO GAINS CONTROL OF AUST PHARMA ARANA, BID DECLARED UNCONDITIONAL.
- Article from:
- AsiaPulse News
- Article date:
- May 20, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
SYDNEY, May 20 Asia Pulse - Cephalon Inc has won control of Australian bipharma Arana Therapeutics Ltd (ASX:AAH) after receiving enough acceptances for its takeover offer to declare the bid unconditional.
The US based bio-pharmaceutical group predator said its relevant interest in Arana now totalled 50.38 per cent.
Cephalon chairman and chief executive Frank Baldino Jr urged remaining ...